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An opportunity to invest in the thriving Lancaster market! This offering consists of 2 nearly adjacent properties, featuring 15 units in total. These units consist of 3 apartments, and 12 rooms that share common areas such as kitchens and baths. New renovations throughout and professional management make this an appealing, turn key property. It's fully licensed and generally managed just like a traditional apartment building while addressing one of Lancaster's highest demand markets; truly affordable housing. At an 8% cap rate based on current performance, this provides a great cash flow opportunity for your portfolio. More info to come, including professional photos...
| DAYS ON MARKET | 0 | LAST UPDATED | 9/12/2026 |
|---|---|---|---|
| YEAR BUILT | 1900 | COMMUNITY | Lancaster City (10533) |
| COUNTY | LANCASTER | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| School District | SCHOOL DISTRICT OF LANCASTER |
|---|---|
| Elementary School | BURROWES |
| Jr. High School | LINCOLN M.S. |
| High School | MCCASKEY H.S. |
| ADDITIONAL DETAILS | |
| AIR | Electric, Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Gas Water Heater |
| AREA | Lancaster City (10533) |
| CONSTRUCTION | Brick |
| HEAT | Hot Water, Natural Gas, Radiant |
| LOT | 5227 sq ft |
| LOT DESCRIPTION | Back Yard, Level |
| PARKING | On Street, Parking Lot |
| SEWER | Public Sewer |
| TAXES | 10537 |
| UTILITIES | Natural Gas Available, Sewer Available, Water Available, Electricity Available |
| VIEW | Yes |
| VIEW DESCRIPTION | City |
| WATER | Public |
| ZONING | 517 Tourist/Rooming House |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Astoria Realty Advisors LLC
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